Andhra Pradesh requires an estimated $10-15 billion to achieve 500 ktpa green hydrogen capacity by 2030. Around 70% of this investment will be needed to create renewable energy infrastructure such as solar and wind power generation plants, with the balance for electrolyzer capacity additions.
NHPC and APGENCO will initially develop 1,950 MW of pumped hydro storage projects (950 MW in Kamlapadu and 1,000 MW in Yaganti) through a joint venture.
EPC contractors now have until August 24 to bid for setting up 300 MW of solar capacity in the Ramagiri district.
Hindustan Petroleum Corp. Ltd (HPCL) is setting up a 370 tpa (tonnes per annum) green hydrogen plant at its Visakhapatnam Refinery in Andhra Pradesh.
The Indian multinational EPC solutions provider has secured substation packages for renewable energy parks at Khavda and Kurnool.
NTPC Renewable Energy has signed the term sheet to supply 1.3 GW of round-the-clock renewable power for Greenko’s upcoming green ammonia plant at Kakinada in Andhra Pradesh.
Amplus Solar has signed a memorandum of understanding (MoU) to set up distributed green hydrogen plants for industrial consumption in Andhra Pradesh with an investment of INR 1,500 crore ($181.45 million).
Amp Energy has committed to building 720 MW of wind, solar, wind-solar hybrid, floating solar, and energy storage projects in Andhra Pradesh with an estimated investment of approx Rs 5,800 crore over the next 3-5 years.
Ranjit Gupta-led Ocior Energy has committed a cumulative investment of INR 80,000 crore to build two green ammonia facilities of 1mtpa each in Andhra Pradesh and Gujarat.
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